Ann: Heavy Rare Earths Pilot Plant nearing completion, page-3

This thing is totally pumped on paper, still holding a mkt cap just under $100M with 1.1bn SOI.

Oct 2016, just 19 months ago it was less than half that @ 498M >



Oct 2017, just 7 months ago @ 708M >



The 3yr "pilot" is an acknowledged loss maker, totally reliant on 40/45% taxpayer funding according to Argonaut, any future development dependent DyO values virtually doubling, as China adds 40% volume to production quotas, yet the mkt cap has continued to inflate as SOI have more than doubled in 19 months?

Remains a total mystery how such massive printing of stock has pumped the mkt cap to these levels, with no prospects vaguely in sight for positive cash flow, or even a credible business plan.